UK Markets closed
  • FTSE 100

    6,963.64
    -63.84 (-0.91%)
     
  • FTSE 250

    23,658.94
    +26.14 (+0.11%)
     
  • AIM

    1,275.74
    +3.60 (+0.28%)
     
  • GBP/EUR

    1.1711
    -0.0007 (-0.06%)
     
  • GBP/USD

    1.3737
    -0.0059 (-0.4286%)
     
  • BTC-GBP

    34,555.08
    -776.50 (-2.20%)
     
  • CMC Crypto 200

    1,193.48
    -32.05 (-2.61%)
     
  • S&P 500

    4,432.99
    -40.76 (-0.91%)
     
  • DOW

    34,584.88
    -166.42 (-0.48%)
     
  • CRUDE OIL

    71.96
    -0.65 (-0.90%)
     
  • GOLD FUTURES

    1,753.90
    -2.80 (-0.16%)
     
  • NIKKEI 225

    30,500.05
    +176.75 (+0.58%)
     
  • HANG SENG

    24,920.76
    +252.96 (+1.03%)
     
  • DAX

    15,490.17
    -161.63 (-1.03%)
     
  • CAC 40

    6,570.19
    -52.40 (-0.79%)
     

LRG Capital Group Plants Roots in Iowa

·1-min read

Global investment firm reviewing capital needs of Midwest businesses

LRG Capital opened an office in Iowa this month, aiming to strengthen Midwest capital markets. The firm retains a San Francisco headquarters with offices in New York and Miami, offering flexible investment and financing across all sectors positioned for near-term growth, especially early-stage technologies.

"Des Moines is an unlikely move for a bi-coastal fund manager," said founder Lawrence Goldfarb. "Frankly, I’m here because I want to be with the woman who changed my life. Getting engaged and setting up shop in Iowa gets back to the firm’s roots investing in early-stage companies."

LRG provides capital via private equity investments, commercial loans and structured debt financing. The firm advises clients on mergers and acquisitions, corporate finance advice and other strategic alternatives and has been recognized for its financing expertise – over $1.5 billion of equity in more than 250 companies – in technology, life science, real estate and entertainment development ventures throughout the U.S. and abroad.

The new office location is 4401 Westown Parkway in West Des Moines. Visit http://www.lrgcapital.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210504005991/en/

Contacts

Ryan Hanser
515.229.3737
ryan@hanser.com

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting